ReutersReuters

Magnite rises on report of signing partnership with Musk's X

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** Online advertising company Magnite's MGNI shares rise 10% to $21.08

** Elon Musk's X has signed a partnership with Magnite, Business Insider reported on Friday

** Magnite and X did not immediately respond to Reuters request for comment

** X is working with Magnite to boost programmatic ad sales, the report said

** Stock had risen 70.5% in 2024

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